Growing PCB Production Expected to Drive Non-Conductive Ink Market

The global non-conductive ink market is estimated to be $403 million in 2019, and is projected to reach $560 million by 2024, at a CAGR of 7%. The increasing demand for non-conductive inks due to growing printed circuit board production is expected to drive the demand for non-conductive ink.

The report covers the non-conductive ink market based on substrate, application, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

Glass accounted for the largest share of the non-conductive ink market

Glass substrate is projected to be the largest segment of the non-conductive inks market during the forecast period. The growth of the segment is attributed mainly to excellent printability. In electronics application, glass substrates are preferred in displays and photovoltaics.

PCB Panel is the fastest-growing application segment of the non-conductive ink market

PCB panels are projected to be the largest and the fastest-growing application segment of non-conductive inks during the forecast period. This growth is attributed mainly to the growing production of PCB panels. PCB panels are used in medical devices, consumer electronics, automotive, aerospace, and lighting applications. The growth of these industries is expected to drive the non-conductive inks market.

Asia Pacific is projected to be the largest non-conductive ink market

The non-conductive ink market has been studied for Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific is projected to be the largest non-conductive ink market. The high demand is attributed mainly to the increase in production of PCB panels and rising manufacturing activities in the region. APAC is a hub for electronics and electric equipment. Many foreign investors commenced the manufacturing facilities in the area due to low production costs. This, in turn, is driving the demand for non-conductive ink in the region.

Share

On April 14, IPC president and CEO, Dr. John Mitchell, described IPC’s ongoing efforts related to COVID-19 with I-Connect007 Publisher Barry Matties. From a standpoint approximately 30 days into the U.S. shutdown, Mitchell reported that 94% of the executives attending the executive forum are expressing concern. He also outlined many of the chaotic drivers and influences in the industry, including shifting over to different, mandated products; supply shortages; potential declining demand for normal products; and increased shipping costs. Worker and staffing shortages have also become an emerging concern.

Brendan F. Hogan, managing director of MivaTek, explains that while each industry has its own set of requirements and difficulties, the lines between semiconductor and PCB markets are blurring, demanding more flexibility from equipment suppliers.

The annual HKPCA Show, which has been renamed the 2019 International Electronics Circuit Exhibition (Shenzhen), will be held from December 4–6 at the Shenzhen Convention and Exhibition Center. This year’s exhibition will be jointly organized by the Hong Kong Printed Circuit Association (HKPCA) and the China Printed Circuit Association (CPCA) and will provide a more efficient business platform for all visitors. The PCB007 China Team interviewed a representative from the HKPCA about the exhibition, the industry’s current situation, and future developments.

Printer Version

Growing PCB Production Expected to Drive Non-Conductive Ink Market

The global non-conductive ink market is estimated to be $403 million in 2019, and is projected to reach $560 million by 2024, at a CAGR of 7%. The increasing demand for non-conductive inks due to growing printed circuit board production is expected to drive the demand for non-conductive ink.

The report covers the non-conductive ink market based on substrate, application, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

Glass accounted for the largest share of the non-conductive ink market

Glass substrate is projected to be the largest segment of the non-conductive inks market during the forecast period. The growth of the segment is attributed mainly to excellent printability. In electronics application, glass substrates are preferred in displays and photovoltaics.

PCB Panel is the fastest-growing application segment of the non-conductive ink market

PCB panels are projected to be the largest and the fastest-growing application segment of non-conductive inks during the forecast period. This growth is attributed mainly to the growing production of PCB panels. PCB panels are used in medical devices, consumer electronics, automotive, aerospace, and lighting applications. The growth of these industries is expected to drive the non-conductive inks market.

Asia Pacific is projected to be the largest non-conductive ink market

The non-conductive ink market has been studied for Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific is projected to be the largest non-conductive ink market. The high demand is attributed mainly to the increase in production of PCB panels and rising manufacturing activities in the region. APAC is a hub for electronics and electric equipment. Many foreign investors commenced the manufacturing facilities in the area due to low production costs. This, in turn, is driving the demand for non-conductive ink in the region.